In The Press

Stay informed with the latest news and expert opinions from South Africa’s leading news agencies. Debt Rescue’s CEO Neil Roets and Debt Rescue’s COO, Annaline van der Poel, shares economic insights, explains how debt review can help over-indebted consumers, and valuable financial advice. From expert interviews to breaking news, this page brings you honest discussions about money, debt counselling, and actionable tips to help you take control of your debt.

Economists weigh in on Gordhan’s plans

#Budget2016 / Johannesburg – Economists and financial analysts have reacted to Finance Minister Pravin Gordhan’s budget speech… * In addressing the persistent budget deficits, as expected, a combination of increased taxes and cost containment has been proposed, with forecasts of a reduction in the budget deficit to 2.4 percent in 2019. With respect to increased

5 minutes, 6 seconds

How the new fuel levy will hit South Africa’s petrol price

South Africa’s petrol price has fluctuated recently due mainly to an extremely liquid currency, which hit a worst ever level against the dollar, and an oil price which has traded at record lows. The petrol price however, is comprised of a number of different fees, which all contribute to the total per litre cost of

1 minute, 51 seconds
You.co.za

The Budget for dummies: the stuff you really need to know

A can of your cooldrink will cost you a little more in next year, thanks to the introduction of a tax on sugar-sweetened beverages that was announced by Minister of Finance Pravin Gordhan. The Minister delivered his budget speech yesterday in Parliament and as expected sin tax is going up as well, meaning that the

6 minutes, 19 seconds
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Missed Gordhan’s budget? Get all the action here…

09:58 – Politicians were quick to give their feedback on Finance Minister Pravin Gordhan’s budget. This is what they said: 09:57 – Finance Minister Pravin Gordhan spoke to Fin24 just after delivering his budget speech in Parliament: 17:05 – Missed Pravin Gordhan’s budget speech? 17:01 – For the second year in a row, the National

10 minutes, 52 seconds

Belt-tightening time

What they say about the budget… Rakesli Seethal, head of employment taxes and tax risk, Barclays Africa Tax: The focus of today’s budget was on tax relief to lower and middle income earners and while higher income earn­ers will experience less tax savings, they also have some relief on marginal taxes to look forward to.

1 minute, 41 seconds

Budget blues for consumers

#Budget2016 / Cape Town – Consumers burdened by debt will be hardest hit by increases in fuel and tax levies announced by Finance Minister Pravin Gordhan in his Budget yesterday. Although analysts said that Gordhan was left with little choice but to craft a tight budget, consumers complained his measures would leave them short. Many

4 minutes, 34 seconds

Crackdown on loan sharks

Regulator’s moves to sanction ‘unscrupulous’ credit providers are welcomed by experts Joseph Booysen BUSINESS REPORTER [email protected] EXPERTS have welcomed the National Credit Regulator’s referral of “unscrupulous” cred­it providers who extended cred­it recklessly to consumers. The regulator announced on Friday that it has referred 13 credit providers to the National Consumer Tribunal. The referrals follow the

3 minutes, 27 seconds

Selfs al daal inflasiekoers, styg die kospryse steeds

Die prys van ’n bruinbrood het in die afgelope twee weke met 30% gestyg en aartappels is nou 17,8% duurder as 14 dae gelede. Dit blyk uit Rapport se tweeweeklikse opname van kospryse by supermarkte. Pieter van Zyl van Aartappels SA sê die aartappelvoorraad is laag. “Daar is net te min aartappels. Die opbrengste is

1 minute, 18 seconds
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